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Bailout just prolongs Greek agony

The deal hammered out by eurozone ministers is by no means the end of the tragedy as Greece's future still looks dismal.
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More tough love for parastatals

Government has tightened the purse strings and its tough stance on bailouts for parastatals seems to be bearing fruit.
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EU seals new Greek bailout deal after tortuous talks

Eurozone leaders have sealed a new bailout for Greece that will fix its immediate financing needs but is unlikely to revive its shattered economy.
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Road to hell paved with bank bailouts

Economist says the bailout money would have achieved more if it had simply been given to the public.
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Moody's cuts Ireland to junk, warns of second bailout

Moody's cut Ireland's credit rating to junk on Tuesday, warning that the debt-laden country would probably need a second bailout.
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Swaziland turns to South Africa for bailout

Swaziland has asked South Africa for an emergency bailout of R10-billion but the government say it would need to review the request first.
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Irish to shrink, merge banks as part of bail out

Ireland has agreed to minimise, merge or sell its banks as part of a European Union-International Monetary Fund bail out.
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Bailing out SABC shouldn't be business as usual

A bail-out by government seems the only solution, but what's to stop the SABC sliding into the deep red once again?
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Bank pledges bail-out billions

The European Investment Bank's statutes state that its outstanding loans portfolio cannot exceed 250% of its capital.
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SA warns against car-industry bailouts

South Africa said on Monday that industry bailouts by rich nations, especially in the carmaker sector, could be a covert form of protectionism.
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Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions